The Saudi Business Center is a government institution in the Kingdom of Saudi Arabia that focuses on economic projects and transactions for citizens who own private projects and shops. This economic hub helps bridge the gap between government sector activities and the ambitions of project and shop owners. The ultimate goal is to simplify all bureaucratic steps and make them electronic through the Business Center’s website. This article explains the main functions and transactions of this site, the registration steps, how to obtain a commercial registration, and the essential conditions that ensure the services reach the beneficiaries successfully.
What is the Saudi Business Center ?
The Saudi Business Center is a governmental establishment created by a cabinet decision in April 2019. The government decided to establish the Business Center platform as an economic initiative aimed at creating a fertile investment and commercial environment in Saudi Arabia. The decisions and services of this center are linked to the Council of Economic and Development Affairs. Through this center, all licenses for practicing any commercial activity or building a private project are issued, saving investors and business owners the hassle of visiting government offices to complete their commercial transactions.
Steps to Register on the Saudi Business Center
The Saudi Business Center allows citizens to log in to the site through easy and possible electronic steps as follows:
- Directly go to the Saudi Business Center platform through this active link.
- Click on the blue Business Platform icon at the top of the homepage.
- Select the Unified Access System for logging in.
- Carefully enter all your personal data and review it.
- Enter your email and set a strong and long password.
- Complete the steps by clicking on the login box to complete the process successfully.
Main Functions of the Saudi Business Center
The Saudi Business Center, affiliated with the Ministry of Commerce, provides several important functions that citizens can benefit from in their commercial projects, including:
- Coordination and cooperation with any government entity related to Saudi commercial activities.
- Issuing all official government-approved documents concerning licenses, permits, approvals, renewals, and cancellations.
- Launching other electronic platforms that provide the Ministry of Commerce services related to practicing any governmental or private economic activities.
- Organizing a special electronic deposit program for all financial statements.
- Creating commercial records that include all investors and business owners in both the public and private sectors.
- Keeping client data and commercial activity information with absolute privacy and confidentiality.
- Issuing invoices for fees and financial requirements related to economic activities and their owners.
- Expanding the volume of commercial exchanges between local entities and international organizations outside the Kingdom.
How to Inquire About Your Store Within the Saudi Business Center
Here are the steps for this free service provided by the Saudi Business Center platform, where you can inquire about your store after documenting it as follows:
- Immediately go to the Saudi Business Center from here.
- Select the (Electronic Services) tab from the homepage, then choose the (Inquire About a Documented Electronic Store) service.
- Click on the Start Service button, then inquire using your specific data such as the documentation number or the commercial registration number. You can also add your store link.
- Click on the search icon to receive a page containing all the store’s data.
Conditions and Requirements for Documenting a Store in the Business Center
Some conditions set by the Business Center platform must be met to benefit from the service, which are:
- The applicant must be a Saudi national and at least 18 years old.
- The beneficiary must issue a commercial registration document that is valid.
- The applicant must have an active commercial bank account.
- Creating a personal account on the Absher platform for digital transactions in the Kingdom.
Steps to Obtain a Commercial Registration from the Business Center
The Saudi Business Center offers the service of issuing a commercial registration document to the citizen electronically by doing the following:
- Go to the Saudi Business Center portal from here.
- Click on the Electronic Services tab, then the (Issue Commercial Registration) service.
- Choose the commercial name and select its specific activity.
- Select the suitable time for sending the commercial registration document.
- Enter the information in the blank fields, which include all the details of this registration.
- Review the data, confirm it, and send the request.
- Send an electronic invoice in a text message to the user’s phone to pay it electronically.
Steps to Cancel a Commercial Registration from the Business Center
If you want to cancel this commercial registration from the Business Center, follow these steps:
- Visit the Saudi Business Center platform, as in the previous section from here.
- Choose the (Cancel Commercial Registration for a Sole Proprietorship) service from the electronic services lists.
- Click on the Start Service button, then select the commercial registration you wish to cancel.
- Specify the reason for the cancellation and fill out some information in the form, then submit the request.
- The request will be accepted if there are no unpaid violations or problems with the client at the Tax and Customs Authority.
Ways to Contact the Saudi Business Center
To facilitate customer and citizen interaction, the Saudi Business Center has allocated some available methods to communicate during official working hours throughout the week, from 9:00 AM to 8:00 PM, except for the holiday (Friday). Among the most important methods of communication are:
- Saudi Business Center phone number: 199080
- Email: care@bc.gov.sa
- Website: [link to the website]
- Twitter: [link to the account]
Frequently Asked Questions About the Saudi Business Center
What are the fees for issuing a commercial registration on the Business Center platform?
- Limited liability companies = 600 SAR
- Partnerships = 400 SAR
- Joint-stock companies = 800 SAR
- Value-added tax = 15%
What are the fees for canceling a commercial registration?
The service is free, but it is only accepted if all overdue fees are paid, with a fine of 100 SAR imposed for each year of delay.
How to open a company in the Kingdom of Saudi Arabia?
First, go to the Saudi Business Center platform from here, then select the (Establish a Limited Liability Company) service from the electronic services lists. After that, click on the Start Service button, specify the number of your partners, the company’s status, fill out some data, and finally submit the request.
How to pay the fees for the Saudi Business Center?
There are two ways to pay the platform’s transaction fees: either through your credit card or via the electronic payment service (Sadad).
In conclusion, we have presented the most important electronic transactions provided by the Saudi Business Center, where you can now, as a Saudi citizen over 18 years old, register your commercial activities and complete all your government transactions through this electronic platform in simple minutes.
